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    • Holyland
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    • Drunks
  • RANTS
  • HAS CAPITALISM FAILED?
    • Why Elizabeth Warren Could Have Saved Capitalism (published Oct. 1, 2019)
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August 19, 2019 In recession, Trump

A Recession Please!

OH GOD PLEASE GIVE US A RECESSION, AND FAST! This seems to be the underlying wish behind media saturation coverage of last week’s somewhat bad economics news. I think it’s biased wish-fulfillment reportage, and rather embarrassing, given the low unemployment rate and other strong economic indicators. However, I admit to having the same shameful wish, given the centrality of getting rid of Trump. I also truly believe that a 10-yr-old economic boom is very likely to end soon, and wouldn’t be surprised by an out of left field financial crisis of some sort. But I’m completely confused by falling interest rates at a time of huge government deficits,,,

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About Peter Cohn

Peter Cohn is a New York-based filmmaker.
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